0 bed Block of flats (for sale) Lockington Road, London SW8

£5,369,900
Add to Basket Basket Looks Interesting
agent logo
Vesta Property
Aston House, Cornwall Avenue, London,
020 8115 4124
First Published

1st Dec 2020

Last Published

13th Sep 2021

 

Features

  • Type: Block of flats
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

This is an investment opportunity to purchase a 6-unit portfolio in London generating £163,280 rent pa. All apartments are located in the same building.

The vendor is open to selling individual units, please get in touch if you are interested

Portfolio information:

- 6 apartments in the same block
- There are 2 apartments on the 6th, 8th and two apartments on the 11th floor
- Each apartment has 2 bedrooms and 2 bathrooms
- EPC ratings B
- Each apartment comes with the following specifications:
* Open plan kitchen/reception room
* Sunroom with views over London accessed via the kitchen
* Main bedroom comes with ensuite bathroom and built-in wardrobe
* There is ample storage in the hallway
* Underfloor heating throughout
* Mechanical ventilation system
* Video entry system & CCTV in all communal and external areas
* Concierge service
* Lift access to all floors
* Access to private residents-only gym
* Secure cycle storage
- The property is managed by a third party

Rental income:

- Aggregate monthly rental income: £13,606.68
- Aggregate annual rental income: £163,280.16
- Aggregate gross yield: 3%

Location information:

- The properties are located in the heart of Battersea in the Nine Elms area
- Nine Elms is a transformative regeneration project which will encompass living, shopping, work, school and leisure
- Battersea Park railway & Overground station and Queenstown Road railway station are a short walk away
- Battersea Park is around a 6-minutes walk from the properties

Available upon request:

- Portfolio breakdown
- Leasehold breakdown per unit
- EPCs for all units

 

Local info for SW8

Floor plan

 

Property Value Data/Graphs for SW8

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 88.9% £1,280,254 2 1.6
Studio 6.6% £586,536 0 1
Maisonette 1.4% £695,905 2.4 1.5
Terraced house 1.2% £1,069,500 3.8 2
Other 1.1% £811,661 2.1 0.9
Semi-detached house 0.6% £1,020,000 2.6 1.6
Detached house 0.1% £1,250,000 3 3
End terrace house 0.1% £1,050,000 2 1

Area Information

Average Price Paid

£673,753

Sales

2904

Current Average Value

£1,217,034

Value Change

£543,281 80.6%

 

Current Asking Prices in SW8 Average: £1,217,034

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £784,439 (9) £1,135,714 (7) £1,065,000 (5) £1,247,500 (2)
Flats £704,523 (193) £1,000,595 (386) £2,357,917 (132) £3,999,167 (12) £8,047,912 (5)
All £704,523 (193) £995,670 (395) £2,296,367 (139) £3,136,176 (17) £6,104,937 (7)

Nearby Properties

12 bed Terraced house () Belgrave Square, Belgravia SW1 £122,500,000
14 bed Town house () Berkeley Square, Mayfair W1J £72,500,000
4 bed Flat () Knightsbridge, London SW1X £65,000,000
12 bed Terraced house () Upper Grosvenor Street, London W1K £54,500,000
0 bed () Brook Street, London W1K £46,000,000
Property information powered by Zoopla